ivalm

23 ms·

241.
by ivalm 4y ago
Gas stoves are so nice relative to electric stoves. I guess as the electric production mix moves to renewables gas is becoming increasingly worse in carbon footprint.
242.
by ivalm 4y ago
I think it just pushes these markets to switch to usdc, which is a good thing as (1) making crypto more tied to audited assets (2) make redemption subject to AML.
243.
by ivalm 4y ago
It sounds exactly how I described in terms of risk. Effectively you are putting up 15 USDC for maintaining an 85 USDT short. Your money at play is 15 USDC, and you can lose 100% of that amount. The fact that it sounds like you have to show
244.
by ivalm 4y ago
The money at play is the collateral he put up to maintain the position. Even though it is in USDC it is on the exchange which has pool liquidation. If the collateral isn’t on the platform then what would prevent people from just pulling usd
245.
by ivalm 4y ago
I’m guessing one major difference is that redemption puts you under us anti money laundering regulations.
246.
by ivalm 4y ago
You’re right that if the short is entirely usdc collaterized. But reading the blog: > Still, just over half the collateral on Aave is ETH or stETH, and another 13% is wBTC. Aave’s designed to liquidate positions before the become under-
247.
by ivalm 4y ago
I think the claim is that usdt crash will be highly correlated with all other crypto going to zero, so any crypto collaterized counterparty will fail. Ability to payout USDT short relies on confidence in other crypto.
248.
by ivalm 4y ago
Illegal business practice
249.
by ivalm 4y ago
Except he banned a bunch of journalists discussing him using a policy he introduced after the fact, and in one case, without violation at all. His active actions, not pre-existing conditions, reveal his preference against free speech.
250.
by ivalm 4y ago
That parent implied average people affect Tesla revenue, so asking if they can afford the car is very relevant. Only opinions of potential buyers actually matters.
251.
by ivalm 4y ago
And yet living there I can tell you I see way more Camrys. Even in LA Tesla is a luxury subgroup vehicle and luxury vehicle owners are very sensitive to fashion/social signaling (here maybe even more than elsewhere!).
252.
by ivalm 4y ago
He is banning people sometimes for policies he introduced after the fact, sometimes without policy violations at all. “Free speech” is just not a defendable position for his behavior, he does not subscribe or support free speech.
253.
by ivalm 4y ago
If there was no fraud then clearly there would be just in kind distribution but no claw-back. With fraud, the questions becomes if the money invested was fraudulently invested. It can be that there was fraud AND investments were not fraudul
254.
by ivalm 4y ago
But then you don’t need to have a smart contract, simply posting public key of the wallet is enough (to verify the content of the wallet). The contract at most provides an escrow, but even that isn’t really the case since presumably the ori
255.
by ivalm 4y ago
why would a smart contract help though? there needs to be proof that the encrypted key is valid, this would require zero knowledge proof but I'm not sure how you can do it for this use case.
256.
by ivalm 4y ago
but you are not guaranteed that the decrypted key is valid.
257.
by ivalm 4y ago
For all brokers, margin accounts can be rehypothecated if broker fails. This is as true for Fidelity as for Coinbase.
258.
by ivalm 4y ago
> Like tether they are solvent Right, but tether isn’t solvent either
259.
by ivalm 4y ago
Sweet Anita (streamer quoted) makes at least in the low 7 figures. She is a celeb, not a normal person.
260.
by ivalm 4y ago
No, there absolutely no strict rules regarding the scientific method. At most there are conventions about the structure of papers in some journals.
261.
by ivalm 4y ago
> The person who shows up to Pizza Hut on a bicycle isn't thinking about social status consciously. Instead, they get slightly pitying looks from coworkers, which make them feel slightly inferior and ashamed, which makes them not do
262.
by ivalm 4y ago
absolutely, just replying to the poster saying that only 41% used a credit card, which would imply majority of americans don't.
263.
by ivalm 4y ago
Maybe, but really it would just push credit cards to be cheaper. Fundamentally credit card processing tech is cheaper than lightning network (in terms of compute). Pushing CC to be cheaper ofc is a good in and of itself.
264.
by ivalm 4y ago
41% had credit card debt, presumably a larger amount used them.
265.
by ivalm 4y ago
Maybe now with all the layoffs… but a year ago finding a good dev was very hard and expensive.
266.
by ivalm 4y ago
Kaiser is actually very good at IT employee retention.
267.
by ivalm 4y ago
Universal pay cut is terrible. You adversarially select against yourself — good employees get outside offers and bad employees become dedicated lifers.
268.
by ivalm 4y ago
Access to capital
269.
by ivalm 4y ago
For employees, there is employment risk, reduced compensation, potential increased difficulty of finding next job. For founders there is the first two but generally finding next job is easier (because you get lots of managing/etc exper
270.
by ivalm 4y ago
Seems very close to python?

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